Though possible, this is not something supported by WL. You will not be able to get help from support in case something goes wrong (and it will). You have to keep in mind that all server cookies (e.g. session id) are per domain. Therefore when you're dynamically changing server URL you will loose them. Therefore WL server will treat your request as a new session, unrelated to an old (existing) one. This is not something specific to WL, this is how HTTP works.
WL keeps server URLs in two global properties - WL.AppProp.WORKLIGHT_ROOT_URL and WL.AppProp.APP_SERVICES_URL. You can override them thus changing server URLs.
First one is used for all requests triggered by developer (init, connect, login etc). Second one is used for miscellaneous internal functionality (e.g. encrypted cache).
Once again - this is a hack, definitely not a solution. Use with caution if at all:)
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